The Denver Foundation is pleased to announce the purchase of the historic building “Casa Grande,” located in Denver’s Capitol Hill neighborhood.
“The purchase of this historic building honors our deep roots in Metro Denver as we prepare for the future,” said Stephen Seifert, Chair of The Denver Foundation’s Board of Trustees. “As we approach our 100th anniversary in 2025, this wise, economical decision ensures The Denver Foundation will take care of the future for many years to come.”
Located at 1009 Grant Street, the 23,000-square-foot building will serve as The Denver Foundation’s headquarters, housing all workspace as well as a dedicated convening space for community meetings and trainings. The Foundation envisions its future home as a place where people from across Metro Denver gather to give generously and connect and engage with other community members.
Built in 1929, Casa Grande is a contributing structure to the Sherman/Grant Historic District. In the coming months, The Denver Foundation will work with the Landmark Preservation Commission, Capitol Hill United Neighborhoods (CHUN), Colorado Cross-Disability Coalition, and additional stakeholders to design and plan the renovation of the building.
“While we plan to update components of the interior of the building to meet our 21st-century workspace needs, we will be proud partners in preserving the extraordinary structure and exterior of the building as aligned with the historic district,” said Alyssa Kopf, The Denver Foundation’s Vice President of Strategic Services.
The building purchase is a first in The Denver Foundation’s 93-year history. The Denver Foundation purchased the building with money from its operating reserve. The assets in the operating reserve are the result of several consecutive years of strong administrative management.
“The Foundation takes pride in serving as a trusted steward of charitable funds,” said Virginia Bayless, the Foundation’s Interim President and CEO. “Casa Grande not only meets our location and space goals, the relocation will also generate a significant decrease in annual occupancy expenses. Our ultimate vision is to invest more charitable dollars from our permanent endowment—The Fund for Denver—in local communities.”
The Foundation will relocate from its current Cherry Creek location in 2020.
For more information, please visit the Foundation's website page about the Purchase of Casa Grande or email Alyssa Kopf, Vice President of Strategic Services at email@example.com